News Topics
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April 2, 2021
Italian private equity firm buys Cytech Group
PM&Partners SGR, and Italian private equity company, has become the majority shareholder in Cytech, the parent company Elastic Interface and other cycing brands. In 2020 the company sold more than 3.2 million pads. Elastic Interface also has recently expanded into offer cycling glove pads, used by brands including Giro. Cytech's...
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April 2, 2021
Peloton Completes Precor Acquisition
With this acquisition, Peloton establishes its U.S. manufacturing capacity, anticipates boosting research and development capabilities with Precor's highly-skilled team and accelerating Peloton's penetration of the commercial market. Peloton plans to produce connected fitness products in the United States before the end of the calendar year 2021. Yahoo
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April 1, 2021
New York pop-up retailer brings rarely seen road brands to US cyclists
The pop-ups feature some high-end road cycling brands rarely seen in the U.S., such as Festka (from Czech Republic), Isadore (from Slovakia), MAAP (Australia), and Q36.5 (Austria). The store has no brick-and-mortar home, but makes online sales (with delivery by bicycle an option in New York City) and operates the pop-up...
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April 1, 2021
Chinese runners applaud marathon race’s termination of partnership with ASICS
Chinese runners applauded the suspension of a partnership between a domestic marathon race organizer and Japanese sportswear company ASICS, which has caused outrage among the Chinese public for its double-crossing move on the Xinjiang cotton issue. Global Times
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April 1, 2021
“No One Should Ever Be Penalized for Getting Pregnant”
How a new maternity leave policy is changing the landscape for female pros. Triathlete
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April 1, 2021
Cyclist killed while trying to beat rising South Miami Avenue drawbridge
The experienced cyclist tried to make it across the bridge that connects downtown Miami to Brickell. Police said he was possibly trying to beat the bridge as it was rising up and got stuck, but despite his efforts to hang on, he would not survive. WSVN
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March 31, 2021
Utah, North Dakota latest to adopt safety stop law for cyclists
Utah and North Dakota became the latest states to adopt the controversial Idaho Stop law, allowing cyclists to treat a stop sign as a yield sign. Bicycle Retailer
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March 31, 2021
5 people who showed why you shouldn’t lie on Strava
In case you need more convincing that cheating on Strava isn’t a good call, here are five times users posted false or misleading workout data (on purpose or by accident) and got caught right away. Canadian Running Magazine
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March 31, 2021
Shimano Announces New President
Shimano appointed Taizo Shimano, who joined the company in 1991 and served as a senior executive vice president since 2018 after leading Shimano’s Fishing Tackle division, as its new president. SGB Media
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March 31, 2021
Tonal Raises $250 Million in New Funding, Teases Upcoming IPO
At-home fitness startup Tonal raised $250 million in a new round of funding, giving the company a $1.6 billion valuation. The wall-mounted system, which launched in 2015, uses advanced technology to replicate equipment, exercises, and weights found at brick-and-mortar gyms. Front Office Sports
